Multiple Choice
Suppose a number of your friends have organized a company to develop and sell a new software product.They have asked you to loan them $8,000 to help get the company started,and they have promised to repay your $8,000 plus 10% interest in one year.Of the following,which amount may be described as the return on your investment?
A) $8,000
B) $800
C) $8,800
D) $7,200
Correct Answer:
Verified
Correct Answer:
Verified
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Q11: Provide a brief example to illustrate that
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